Tags: Elon Musk

Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs

Elon Musk's Tesla Expects to Incur Expenditures of Over $350 Million as Result of Mass Layoffs

Elon Musk's Tesla is poised to incur more than $350 million in expenses in the second quarter due to the mass layoffs that started last week.


Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling

A Tesla shareholder who successfully challenged CEO Elon Musk's massive pay package is seeking court intervention again to prevent the company from evading a Delaware court ruling.

Tesla Stock Soars After Elon Musk's Robotaxi Promises Despite Weak Quarterly Results

Elon Musk is undeterred by weak quarterly earnings and, instead, promises to invent self-driving technology, sentient robots, and Robotaxis, which will increase Tesla stock in return.

UK Satellite Engineering Company Signs $19.7 Million Deal With SpaceX for Starlink Constellations

Filtronic Plc and SpaceX announced a groundbreaking agreement. In a $19.7 million deal, Filtronic will supply crucial modules for SpaceX's Starlink constellations, while SpaceX will be granted the option to acquire up to a 10% stake in Filtronic.


Latest News

Elon Musk Confirms He Is Visiting India to Meet Prime Minister Narendra Modi
The planned visit, initially set for the upcoming week, was eagerly awaited and anticipated to involve vital talks concerning Tesla's entry into the Indian market.
Elon Musk Hailed 'New Hero' by Brazil's Ex-President Jair Bolsonaro, Praised for His Courage Over Freedom of Speech
Thousands of avid supporters of former Brazilian President Jair Bolsonaro have taken to the streets of Rio to rally with their injured leader and celebrate Elon Musk, the new hero of their far-right movement.
Tesla Motors LA Flagship Store Launch
Tesla is recalling over 3,000 2024 Cybertrucks produced between Nov 13, 2023 - Apr 4, 2024 due to a potentially faulty pedal mechanism that may cause unintended acceleration, with Tesla committing to free repairs or replacements of affected parts.
US Committee Reveals Secret Brazil Court Orders to Elon Musk's X Regarding Account Suspensions
A US congressional committee revealed classified Brazilian court rulings suspending accounts on the social media platform X, providing insight into choices that have sparked accusations about suspected censorship by the firm and its billionaire owner, Elon Musk.
Elon Musk's SpaceX Working With Northrop Grumman on Secret Spy Satellite Project for US Intelligence: Report
Elon Musk's SpaceX has reportedly partnered with Northrop Grumman on a secret spy satellite project.
Forbes Names Elon Musk Biggest Loser as Net Worth Shrinks by $30 Billion in 2024
Tesla has allocated approximately $200,000 towards advertising on Elon Musk's social media platform, X.
10th Annual Breakthrough Prize Ceremony
Tesla wants shareholders to agree to give Elon Musk a $56 billion pay package following a void from Delaware's court ruling, prompting the EV company to move its company registration to Texas instead.
Detroit Hosts Flagship North American International Auto Show
Tesla Inc.'s market value plummets below $500 billion from $1 trillion as shares continue to decline in 2024. This decline was further worsened by job cuts announced by Elon Musk.
Elon Musk Proposes to Charge New X Users to Post, Interact With Others, in Attempt to Combat Fake Accounts
Elon Musk is once again making changes to the guidelines for his social media platform X. X (formerly Twitter) CEO Elon Musk attends a symposium on "Antisemitism Online" during the European Jewish Association conference in Krakow, on January 22, 2024.
Tesla Executives Drew Baglino, Rohan Patel Leave as the Company Lays Off 14,000 Workers
Two Tesla executives, Drew Baglino and Rohan Patel, are stepping down from their posts after the company announced steep layoffs.
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